Showing 1 - 10 of 52
. Simple and general game harmony measures can predict mean cooperation in 2 x 2 games such as the Prisoner`s Dilemma, the … explain around half of the variance in mean cooperation rates. …
Persistent link: https://www.econbiz.de/10005090677
The exchange between Epstein (2010) and Klibanoff et al. (2012) identified a behavioral issue that sharply distinguishes between two classes of models of ambiguity sensitivity, exemplified by the Î±-MEU model and the smooth ambiguity model, respectively. The issue in question is whether a...
Persistent link: https://www.econbiz.de/10011133039
We develop a novel computerized real effort task, based on moving sliders across a screen, to test experimentally whether agents are disappointment averse when they compete in a real effort sequential-move tournament.  Our theory predicts that a disappointment averse agent, who is loss averse...
Persistent link: https://www.econbiz.de/10004998381
We present experimental evidence which sheds new light on why women may be less competitive than men.  Specifically, we observe striking differences in how men and women respond to good and bad luck in a competitive environment.  Following a loss, women tend to reduce effort, and the effect is...
Persistent link: https://www.econbiz.de/10009275436
Many interactive environments can be represented as games, but they are so large and complex that individual players are in the dark about others' actions and the payoff structure.  This paper analyzes learning behavior in such 'black box' environments, where players' only source of information...
Persistent link: https://www.econbiz.de/10011158994
Game harmony is a generic game property that can be used to predict cooperation in both generic and well-known normal … reviews their use as predictors of cooperation in games. Framing effects increasing cooperation may work by increasing …
Persistent link: https://www.econbiz.de/10004970293
is a measure summarizing how harmonious the interests of the players are in the game. It is associated with cooperation. …
Persistent link: https://www.econbiz.de/10005047809
There has been a dramatic surge in Islamic participation and values since the 1970s.  We propose a theory of the contemporary Islamic revival based upon two forms of relative deprivation - envy and unfulfilled aspirations.  To analyze these motivations, a behavioral model of religion is...
Persistent link: https://www.econbiz.de/10004970290
The empirical literature on the economics of happiness has grown rapidly, and much has been learned about the determinants of subjective well-being.  Less attention has been paid to its normative implications.  Taking China as a case study, this paper first summarises empirical results on the...
Persistent link: https://www.econbiz.de/10011159009
Poor people often do not make investments, even when returns are high.  One possible explanation is that they have low aspirations and form mental models which ignore some options for investment.  This paper reports on findings of an innovative experiment to test this in rural Ethiopia. ...
Persistent link: https://www.econbiz.de/10011159027